Gas Prices Hit Six-Month Low: What's Driving the Downward Trend? Gas prices in the U.S. are declining significantly, with the national average reaching a six-month low of $3.32 per gallon. This drop is attributed to falling oil prices, weakening gasoline futures, and the end of the summer driving season. Analysts predict that prices could potentially reach $3 per gallon by year-end, barring any major disruptions like hurricanes. The decline in oil prices, partly due to concerns over China’s economy and increased OPEC+ supply, may prompt the oil alliance to reconsider its production policies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE Evidence and Insights About Gold’s Long-Term Uptrend READ MORE Stocks, Gold Rise on Bet on Aggressive Fed Rate Cut READ MORE US dollar's dominance secure, BRICS see no progress on de-dollarization -report By Reuters READ MORE Powell to Defend Fed's 'Higher-for-Longer' Rate Policy in Congressional Testimony READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment